Showing posts with label still. Show all posts
Showing posts with label still. Show all posts

Saturday, 7 May 2016

H4 is still the key - forex news trading room

H4 is still the key ~ forex news trading room



Price has broken out of its indecision area. About 12 hours on the rise after the star (+) on H4. The bull candle open at 1.55746 and rose to 1.56792 so far (about 105 pips). The next hurdle for the reversal is at 1.57087, if that is taken, 1.57988 could be on the horizon. However, being a Friday, it could be a slow movement. All the the facts are in H4.
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Friday, 29 April 2016

Bigger Picture for AUDUSD - forex news.gci trading

Bigger Picture for AUDUSD ~ forex news.gci trading






Audusd is currently trying to move back to the top of the weekly trendline from 0.80634, when the took off to the currently high. The trendline is what it holding the pair from rising higher for now. If the weekly successful opened and closed above the trendline, then the trend will resume on the higher time frame. If the trendline holds, the a fall to 1.02500 which is the base for the current move is possible. A fall below will drop the pair back to its concrete zone 1.02500 - 0.95000 where it traded for the past 6 months.

My view is that a big reverse is in the horizon, the monthly, weekly, daily are all dangerously close to the overbought zone. A touch of 50 point mark is due on the daily RSI.

Recommendation: short whenever H4 enters the yellow zone and take profit if it drops back to the 50 point mark on H4 RSI

This is the bigger picture.
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Wednesday, 27 April 2016

Cable still respecting the the concrete zone - forex news gun trading

Cable still respecting the the concrete zone ~ forex news gun trading






Cable is still respecting the concrete zone and the pressure is to the downside. For any move to the upside to be valid, the pin on H4 will have to be neutralised by another H4 candle above the pin.
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Thursday, 21 April 2016

Is USDCAD ripe for short - forex news trading pdf

Is USDCAD ripe for short ~ forex news trading pdf




I am currently watching USCAD for short. For the other majors that I dont trade regularly, I look for set-ups in the daily chart. The daily is getting ripe for short, but the signal is not there yet. The next 2-4 candles will determine the direction. The two major resistance areas on the daily chart will give the signal to sell for an appreciable drop. I attach two charts to clearly illustrate the point.



Enjoy your trading!
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Thursday, 14 April 2016

Everything is in the chart - forex news trading plan

Everything is in the chart ~ forex news trading plan



Look at where price is at the moment, over 40 pips in the bag already! If you follow this advise the horizontal line on the RSI is the place to watch out for. If you miss the train, wait for the next set-up.
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Monday, 11 April 2016

Follow The First Reversal H4 Candle Using M15 - forex pre news trading

Follow The First Reversal H4 Candle Using M15 ~ forex pre news trading




This current sentiment now is that GBPUSD has formed a 200-pips box (flag) between 1.57807 and 1.55081. A break out of either side will determine the next direction. Until this happens any prediction is mere speculation.

To play the range, follow H4. The most effective method is to follow the first reversal H4 candle using M15 as entry around 30. The red horizontal line on RSI gives early indication of when to take profit or lock your profit. Now the trend is up, reversal on M15 around 70 is a signal to either take or lock your profit by either using trailing stop or shifting your stop loss.
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Wednesday, 6 April 2016

Two reasons why I still prefer Blogger when blogging for money - forex trading demo youtube

Two reasons why I still prefer Blogger when blogging for money ~ forex trading demo youtube



In today’s article I’ll attempt to contrast the two blogging sites associated with making money online through the publishing of content; Wordpress and Blogger. Above all I’ll try to build my case as to why I prefer blogging for money using the Blogger site as opposed to Wordpress. But first the tough question; is Blogger in danger
of being swept away by Wordpress?
Word press adherents love underlooking anybody or anything from the Blogger section. They think that anyone using Blogger in the hope of making money online is so yesterday and so must fail in their ambition to make money blogging. They say that newbies who start blogging with blogger are stuck to the materials of 90’s in the 21st century.
Indeed, a lot of newbies who become aware of Wordpress on their earlier days of trying to make money online as bloggers quickly discard Blogger for Wordpress in the hope  that it marks the beginning of their success as bloggers for money. The Wordpress themes are eye catching and because every newbie reads that to make money online as a blogger you must look professional, they choose to err on the side of caution. They chose Wordpress not knowing its antecedent challenges.
Blogger is fast losing its appeal among those who would love to publish content for money online. It has been said that Wordpress is SEO friendly compared to Blogger and that if you want real success in blogging for money you must pack and leave- Blogger. But I stick to Blogger because I know what I’m specifically after. And as a Blogger devotee everything is falling into place for me. I don’t suffer the siege mentality that is characteristic of most people attempting to make money online whenever they get to know of the Wordpress themes.
You may call this brutal confidence that will make me agonize one day for all the time I wasted on Blogger in the hope of blogging for money. But I’ve got news for you- I’m actually making money online through Blogger. Of course I’m all aware that I can opt out of Blogger anytime if I want to. I’m also quite informed that Google might say enough is enough and leave me in the cold. My alliance with Blogger is not an immutable union with no exist clause.
It is indisputable that the look of your blog is inextricably at the core of your success in making money online. But for me to leave Blogger at this moment would be a mistake. I have approached that late hour when the labor pains are almost commencing and pressing the exit button would be tantamount to aborting an eight month old fetus.
Enough of my yapping let me state the two reasons why Blogger remains my preferred blogging station.
1.      I am not tech savvy
To make money online using wordpress requires a degree of technological knowhow. If you are not good at HTML set up you must get the services of a professional SEO code cracker. Blogger too requires some basics in HTML especially when manipulating the templates but not to the extent of wordpress. That is the main reason why Wordpress turns me off. Looking at their themes I realized that to apply even the less complicated After Morning theme would require the input of a technology guru.
For a newbie who is still new in the game, paying hundreds of dollars to have all the tabs and links in order turns the much hyped means of making money online as a blogger into a nightmare. It is on the aspect of technology that I keep forwarding the argument that Blogger remains the single most justifier of the fact that Google still has the goodwill that the newbie should succeed.
2.      There is much money to be made using Blogger
Blogging for money is the reason we keep publishing articles and professionalizing our blogs. No one wants to be on a site that does not offer returns. It creates the sad feeling of mockery of a deserving effort.  Blogger is hosted by Google and that means that blogging for money using Blogger increases the possibility that you could be accepted into the adsense program.
You cannot run the Google Adsense or Chitika ads using Wordpress and that is the point where I say “Blogger till I die.” To make money using Wordpress you must shift from the free hosted site Wordpress.com to Wordpress.org where you must pay for the hosting services.
Google Adsense is the largest online advertising forum and any platform that does not give you the chance to blog for money using adsense is doing you a disservice. Chitika is another good ad site that any person blogging for money must use. Others include infolink.com, adbrite.com and affinity click. Wordpress uses the Adwords program to run Ads on your site.
So you now know. If you are not the tech savvy type you have no business with Wordpress especially if you are broke and just trying to make money online as a blogger. Also, if your number one reason for blogging is to make money online, you’d rather stick with blogger because it’s the only way you are going to get a Chitika, infolink, kontera  or Adsense account approved.

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Tuesday, 22 March 2016

The blue zones - forex market gold news

The blue zones ~ forex market gold news






See where we are on the blue zones. It is always useful to plan ahead. I will be updating the blue zones every two weeks
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Monday, 21 March 2016

GBPUSD Still within 200 pips H4 box - forex news trading strategy pdf

GBPUSD Still within 200 pips H4 box ~ forex news trading strategy pdf







When I posted the last chart, I mentioned that Cable has formed a 200 pips box. Price broke out of the box briefly on Friday and the two H4 candles that moved out of the range opened and closed in the box. We are still within the box and the big boys have not made up their made on the direction to go. We are still in an area of consolidation. If you look at the chart below when the price was on its way to 1.60000 it stayed within the current zone but for just about 4 days. We have spent about 7 days within the zone so far. It is very crucial area, a break out of the zone, will determine the next direction. For a break upward, the area to watch out for is 1.57030. For the downside, the support is at 1.54419. This is where to watch out for if you are trading GBPUSD. As usual use the reliable H4 and M15 to plan your trade.
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